Microsoft-Backed OpenAI Hits $80 Billion Valuation in Major Deal

OpenAI reached 80 Billion

New York (Khabarr) – On Friday Microsoft-backed OpenAI has concluded a transformative deal that values the artificial intelligence company at a staggering $80 billion or more. Sources familiar with the deal revealed that the company facilitated the sale of existing shares through a “tender offer” led by venture firm Thrive Capital. Under the terms of … Read more

OpenAI Introduced Sora, an AI Text-To-Video Model for Generating Realistic Videos

Sora an AI Text-To-Video Model

OpenAI has introduced its latest innovation – Sora, a cutting-edge text-to-video model. The revelation comes on the heels of Google’s Gemini, as OpenAI CEO Sam Altman takes a bold step forward in the realm of artificial intelligence. What is Sora?Sora, meaning “sky” in Japanese, stands as a testament to its capabilities, soaring above conventional standards … Read more

Opening the AI Pandora’s Box: Sam Altman’s Exit from OpenAI Amidst Potentially Threatening Discovery

Sam Altman spoke about AI Threats

In a shocking development, Sam Altman, the former president of the startup incubator Y Combinator, has been reportedly ousted following the discovery of an artificial intelligence (AI) breakthrough that could potentially pose a threat to humanity, according to insider sources. Altman, who was also the co-founder of the AI research lab OpenAI, has not publicly … Read more

Microsoft Welcomes Sam Altman, Leaves Door Open for Potential Return to OpenAI

Sam Altman joined Microsoft

In a surprising turn of events, Microsoft CEO Satya Nadella has hinted at the possibility of Sam Altman returning to OpenAI, despite Altman’s recent announcement to join Microsoft’s artificial intelligence innovation division. The move comes in the wake of Altman’s abrupt firing by the OpenAI board, causing a weekend of chaos within the organization. Nadella … Read more